Wednesday 07/09/14

Despite the fact that ethanol inventory levels continue to grow through the first week of July, traders seemed to quickly look past the inventory levels and focus nearly exclusively on falling production at the end of last week. Total ethanol production fell 2.7% last week and, given the trend over the last three weeks, may have peaked for the summer. Ethanol prices closed fractionally higher Wednesday following the EIA report. But with energy and corn markets posting moderate to strong losses on the futures market, the light gains in ethanol prices seem to be the significant winner of the trading session. It is uncertain if market stability can hold through the futures market over the next several days, especially if outside markets push lower.

Mon Feb 23, 2015 07:08 PM CSTTrade in nearby and deferred ethanol futures has turned lower over the last couple of weeks with traders backing away from the idea that growing driving demand will help to solidify the recently weak market.

Tue Feb 17, 2015 04:31 PM CSTEthanol futures have become much more stable through the first half of February as traders continue to focus on the potential to set the stage for what could become a more stable and narrowly traded price range.